Romney Tells Bloomberg TV: Fed is Showing Appropriate Level of Concern

Romney Tells Bloomberg TV: Fed is Showing Appropriate Level of Concern

NEW YORK, Aug. 28 /PRNewswire-USNewswire/ -- This morning on BLOOMBERG TELEVISION(R), Republican presidential candidate Mitt Romney endorsed the Fed's action thus far regarding the liquidity crunch. "I think the Fed is showing the appropriate level of concern about the development of the market and taking action to moderate the market swing. I'm certainly hopeful we'll see continued growth, we won't fall into recessionary territory," he told Bloomberg's Peter Cook.

The live ten-minute interview with Governor Romney aired at 9:50 A.M. ET on Bloomberg's "Starting Bell." The interview will be repeated tonight, along with a longer-form taped interview with Romney, at 5pm ET on Bloomberg's "Money & Politics" program. "Money & Politics" airs Monday through Friday at 5pm ET and repeats at 9pm ET.

This exclusive news and follow up reports are available to the public on BLOOMBERG TELEVISION and BLOOMBERG RADIO(R) services worldwide, as well as to users of the BLOOMBERG PROFESSIONAL(R) service. Clips from the interviews will be archived and available via the BLOOMBERG PROFESSIONAL service.

About Bloomberg Television

The BLOOMBERG TELEVISION(R) network is the only 24-hour business and financial network, produced and distributed worldwide on 11 separate channels in seven languages. BLOOMBERG TELEVISION programming is created and supported by the global BLOOMBERG NEWS(R) service with more than 2,300 professionals in over 130 bureaus.

About Bloomberg

Bloomberg is the leading global provider of data, news and analytics. The BLOOMBERG PROFESSIONAL(R) service and Bloomberg's media services provide real- time and archived financial and market data, pricing, trading, news and communications tools in a single, integrated package to corporations, news organizations, financial and legal professionals and individuals around the world. Bloomberg's media services include the global BLOOMBERG NEWS(R) service with more than 2,300 professionals in over 130 bureaus worldwide; the BLOOMBERG TELEVISION(R) 24-hour business and financial network produced and distributed worldwide on eleven separate channels in seven languages; and BLOOMBERG RADIO(R) services which provide up-to-the-minute news on XM, Sirius and WorldSpace satellite radio around the world and on WBBR 1130AM in New York. In addition, Bloomberg publishes BLOOMBERG MARKETS(R) magazine and BLOOMBERG PRESS(R) books for investment professionals. For more information please visit http://www.bloomberg.com/.

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Source: Bloomberg

CONTACT: Heidi Tan of Bloomberg LP, +1 212 617 5375,
htan14@bloomberg.net

Web site:

http://www.bloomberg.com/

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